Mr. Speaker, my question is for the Minister of Human Resources Development.
Last week the minister's parliamentary secretary confirmed that Canada Pension Plan premiums will have to be increased from the current 5.2 per cent of earnings in order to cover payments to our aging population. In fact at the current rate in less than 25 years these premiums will eat up 10 per cent of every worker's paycheque.
Has the minister looked at this problem? What is he doing to keep premiums in check?